Bitcoin’s Bull Run Continues Amidst Fed Uncertainty

Bitcoin has seen a significant surge in value, exceeding $108,000, amidst anticipation surrounding the Federal Open Market Committee (FOMC) meeting scheduled for June 18th. The overall cryptocurrency market displays cautious optimism, with a total market capitalization reaching $3.38 trillion according to recent data. Market players expect the FOMC to maintain current interest rates despite strong expectations for rate cuts in the coming months.